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How does economy relate to free enterprise?
In an economy based on free enterprise people are free to start their own businesses.
Which is another term of the free enterprise system?
democracy
Who makes the decisions in a free enterprise economy?
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What would have the same meaning as capitalism or a market economy?
Free Enterprise System
Which group of people ultimately determines the products that a free enterprise economy produces?
Which group of people untimately determines the products that a free enterprise economy produce
Does the United States have a free enterprise economy?
Yes, the US has a free enterprise economy.
How does economy relate to free enterprise?
In an economy based on free enterprise people are free to start their own businesses.
What is argentina's economy type?
The economy is a free enterprise market economy.
Occurs when any one of the four conditions necessary for a competitive free enterprise economy is significantly altered?
market failure
What economy does the Philippines have?
The economy of Philippines is based on free enterprise.
Which is another term of the free enterprise system?
democracy
Why is free enterprise necessary for a nation to develop a democratic system?
Free enterprise is a Capitalist philosophy and while many democracies are capitalistic, capitalism is NOT a pre-requirement for democracy.Democracy means that all members of a society can decide freely who they want to govern the society on a regular basis from a range of viewpoints (ie there must be at least two parties to chose from).Human nature and human greed are the driving force behind capitalism which is a way in which a society uses resources and produces goods.
Who makes the decisions in a free enterprise economy?
...
Does Brazil have a free enterprise economy?
Yes it does
What would have the same meaning as capitalism or a market economy?
Free Enterprise System
What are the connections between democracy and the free enterprise system?
You might think capitalism equals free enterprise and so does democracy equal free enterprise. Captiialism is the methodology of big business. A democracy creates the space to practice free enterprise and then free enterprise fosters capitalism which is basic -ally "money making money", a specialty employed by big business, but democracy allows for any size business or individual to emulate big business and also to invest (and reinvest to "make money with money" and to no limit)
Which group of people ultimately determines the products that a free enterprise economy produces?
Which group of people untimately determines the products that a free enterprise economy produce
